Figure Lending in Florida vs the state
30.2%Denial rate+9.09 pts vs state
32.1%Decision denial rate+4.90 pts vs state
43.2%Origination rate-9.50 pts vs state
8.75%Median rate+2.13 pts vs state
2.36Rate spread (pts)+2.09 pts vs state
$108kMedian applicant income
2,872Loans originated
2,005Denied
Trend in Florida
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 7,067 | 2,922 | 33.9% | 10.85% | #32 |
| 2024 | 8,668 | 3,665 | 32.1% | 10.55% | #27 |
| 2025 | 6,649 | 2,872 | 30.2% | 8.75% | #34 |
What Figure Lending lends in Florida
By loan purpose
By loan type
Why it denied Florida applicants
Where in Florida
Counties with the most Figure Lending applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Broward County | 649 | 243 | 211 | 32.5% |
| Palm Beach County | 621 | 239 | 193 | 31.1% |
| Miami-Dade County | 607 | 217 | 222 | 36.6% |
| Orange County | 467 | 219 | 129 | 27.6% |
| Hillsborough County | 418 | 189 | 118 | 28.2% |
| Pinellas County | 299 | 141 | 83 | 27.8% |
| Duval County | 277 | 149 | 66 | 23.8% |
| Pasco County | 215 | 87 | 69 | 32.1% |
| Volusia County | 202 | 88 | 61 | 30.2% |
| Brevard County | 200 | 95 | 53 | 26.5% |
Other large lenders in Florida
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| United Shore Financial Services | B | 71,405 | 15.3% | 6.44% |
| Rocket Mortgage | C | 46,611 | 21.0% | 6.63% |
| Bank of America | F | 23,634 | 37.7% | 6.24% |
| Pennymac Loan Services | C | 19,516 | 14.1% | 6.50% |
| Navy Federal Credit Union | D | 19,452 | 23.2% | 7.59% |
| Crosscountry Mortgage | B | 19,103 | 5.2% | 6.75% |
| Newrez | D | 17,519 | 22.4% | 6.75% |
| Dhi Mortgage Company | B | 16,661 | 14.5% | 4.88% |
| Lennar Mortgage | A | 14,984 | 21.0% | 4.75% |
| Truist Bank | C | 14,140 | 41.5% | 6.60% |
Frequently asked questions
Florida: 6,649 applications in 2025, of which 2,872 were originated and 2,005 denied.
30.2% of all applications, or 32.1% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.
The median rate on loans Figure Lending originated in Florida in 2025 was 8.75%, against a statewide median of 6.63%.
About this data. Figures are Figure Lending's own HMDA filing for properties located in Florida, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology